Businessman Overwhelmed By FIVE Separate Offers In The Den | Dragons' Den

first into the den is John Boff a former bricklayer who's hoping to build a relationship with a dragon this opportunity today is probably the biggest moment of my life other than marrying my wife and a little bit scary to be honest with you hello dragons my name is John boffin and proud owner of the adjustable mortar board I'm here today for 25,000 pounds investment for 15% equity within the company I've been working at a construction used for over 38 years and 27 of those years actively working as a bricklayer I personally know the stress and strains this trade has on your party traditionally bricklayers will get bricks stack em then put a wooden mortar board on there it was only when we would build an extension on my house and with my wife being actively involved in doing the building work with me she questioned what was I doing when I explained is to try and get up as high as I can to stop the bending so much she simply said well isn't it anything that attaches to a scaffold and it couldn't be easily adjusted and that's when the adjustable mortar board was born we designed manufactured a bracket that would fit all types of scaffolding and could be easier as adjusted up and down to suit the individual bricklayers Heights we put on trial and Swansea University campus and it was a fantastic result it turned out using the Eco spark reduced musculoskeletal injuries by 70% Plus everybody says to me how come the week's thought of it before with only you dragons care to try and have a goat a brick a solid pitch from John both offering an adjustable mortar board to make bricklaying less back-breaking right yes yes no it's very good for your first effort the eggs bricky is looking for 25,000 pounds otere don't worry never mind in exchange for 15% of his company an average bricklayer I'll bend down mm time to retrieve more alone yeah I feel that on my back already there you go I think we got a winner be careful what you say with it's test run concluded Pizza Jones is ready to lay down his initial thoughts on the product it basically looks like a massive paella dish doesn't it yes it's a spot board yeah yeah and the idea is round this some people don't walk into the edges of it no I think roundness is really good why wouldn't you just have that on taller legs because people trip over it it's a trip hazard as well how many of you got we got 90 at the moment 90 yeah so how many of you sold John we haven't actually sold any I've gotta melt on a higher basis it doesn't sound a lot we hide him out for a pound a day and then the Construction Companies to hold them and then when they finished they off Iram we take them back to the house get him clean down and then they re spayed up and transfers on and that's all done at our house a pound I know only a pound I just figured myself why not more why not you pounce but don't you think that pounder bay is cheap it's deliberately cheap because I want to get it out on the marketplace okay so how much money have you made John what's what's been your revenue in your first year I'll trade right okay you need to just understand I work full-time at the moment as the scenic construction manager and this is done purely through evenings on on weekends so John this this sounds to me that this might be a justification for a really low number well it's 20,000 pounds or so turnover you've turned over 20,000 pounds yeah Wow Peter Jones is stunned that hiring out John's boards reaps such big cash rewards Deborah Medan has a track record in backing products in the building industry is this another chance to lay the foundations of a successful partnership this is not a DIY style so your individual brick layer I completely get is never going to put their hands in their pockets and say I here are you know I'm gonna I wouldn't I wouldn't course you wouldn't but the big construction companies they spend fortunes so why would you not think about selling than these if that's a good idea I'm open to silent the only reason I've withheld thought of selling them is a the cost I wouldn't want to pay that much and be how long they last if I sold one of those boards there and the bracket it would probably look in seven or eight years before you're probably looking to do anything back and get another one so on a building site that for instance is building two hundred three hundred houses how many of these would be needed you're looking about forty bricklayers [Music] the dens queen of construction Deborah Medan senses an opportunity to establish a market for the entrepreneurs product nowdays Levani wants to know if John's protected his potentially groundbreaking invention I'd like to find out have you got a patent on this the designs registered for an adjustable mortar board so you haven't got a patent but the designs patent is registered yes so the design registration as you know it doesn't really cover it you know someone else to come with a different type of base that would come instead of a tripod for let's adjust the bullets designed for the adjustable more abort so someone could make an adjustable one but just look different and they could bypass your designed registration not knowing the my understanding I might be misunderstood yeah that was I've registered the design of an adjustable mortar board and they've taken sort in the in the patent is the the board itself being a adjusted and that's what we've got protected yeah I think might and then yeah I think you're not as protected as you probably think and I shared ages concerns I've got it there if you're not just happy I would find understanding what because you feel very confident about your protection if if I'm wrong I'm wrong really I want to be clear yeah yeah yeah you're the expert lack of a concrete patent could be a deal-breaker in the den but while Jon awaits his fate on the paperwork Pizza Jones has a confession when you first came in and demonstrated this I almost thought it was bizarre and it was going to be a bit of fun company I'm about to say this but it's it clearly does it works my personal sense about all of this is that this idea and concept lives or dies by the protection you believe you've got if you have a patent that gives you full protection on that this could change the construction industry forever I think you could have a highly valuable business so I'm going to sit quietly and just listen to era's verdict okay so it is a straight certificate of registration of design it's not in any way a patent it is very specific over the design of that particular one way of doing it and I have a feeling that you could be the person who invented the next big safety thing for building sites who doesn't make a lot of money out of it oh this is a real lesson this is a real real lesson why did you not go down the pavement wrote there's not too late I thought I had saved two lakes is that the public domain right okay sadly I don't think you're going to be the one who makes the big money out of this okay that helps me make up my mind John hearing that from Debra is a blow isn't it yeah so sadly John I'm gonna have to say that that's one of the reasons why I'm gonna make you an offer open and I'm gonna offer you part of the money because I think if you had several dragons it could work but I think it's more than that I do think that you've got an opportunity of putting several thousand of these into the construction industry and that means that I would get my money back very quickly and I've got pretty much low risk so I'm gonna offer you five thousand pounds of your twenty five that you need for seven and a half percent of your business Peter Jones rescues the pitch from near disaster proposing a split deal but John needs the rest of the Dragons to match his 5,000 pound bid to make it work will Tuco Suleyman help engineer a deal John I think you need to break your good and in my view I took quite easy said I'll give you all the money but I would join with Peter I'd also put up five thousand pounds for seven our percent touka Suleiman matches Peter Jones's offer the investment is coming together with 10,000 pounds of the twenty five thousand John needs but will the remaining three dragons be in the mood to indulge in some constructive capitalism John I too could offer the whole money and would kind of love that as well but I think there's something really powerful about putting more dragons behind this for everything that they bring so I will join the Maritim of dragons and offer you five thousand pounds for seven and a half percent thank you hi John hi I think that you be a delight to work with your your passion energy you believe in this product and I think that that's a great sign I'd like to make you an offer - I'd like to offer you five thousand four seven a half percent thank you with four equal bids John just needs Deborah Medan to complete the dream team of five dragons but is she willing to make it a full house I sometimes think the power of more dragons is very very powerful but in this instance I don't you need to speak to the people who make decisions all day every day on those sites about how they're going to run them I have businesses that are in there with products on tests right now all of the big builders so I'm going to make you an offer but I'm going to be greedy it's for all of the money and I want 35% of the business Deborah Medan Rex the plan for a five dragon deal by going it alone and undercutting her rivals it's put John in a tricky spot he's got a rock-solid individual offer but the joint proposals falling apart at the moment I got two offers as far as I understand but it's clearly not working because the rest don't add up to the to the money so John as we don't have a complete team of dragons wanting to share this I propose that we split this now between four dragons yes I would I would yeah yeah why do you want more well twelve one was fantastic just to thank you all very much to start with okay so drive more this it's like everybody's dream and that's my point yeah I'm worried now oh don't don't be worried can talk to the wall I don't I don't know it has been talking to the wall John seen enough brick walls and prefers to make a tough decision while looking the dragons in the eye will he opted for the power of four investors or just one that's well-connected in the building trade I I'm really torn here really so you all know this isn't like it's an easy decision and it's life-changing decision as far as I'm concerned it's not done lightly you know I respect every single dragon this in here and I'd be foolish not to but if the offer is that I'd take that bread place I'm so pleased I'm so pleased thank you well done well done jump cheerio after nearly 30 years laying bricks on building sites John leaves the den with 25,000 pounds in his back pocket to take his adjustable mortar board to new heights I thought until that point I thought he he had his mind right I don't know decision well I don't agree I feel absolutely over the moon can't stop smiling can't believe it can't wait to tell my wife you you

Channel: Dragons' Den

Views: 3,340,218

Rating: 4.8909469 out of 5

Keywords: bbc iplayer, british tv, british tv shows, watch uk tv online, watch british tv online, dragons, den, new, worst, pitches, funniest, moments, most, shocking, ideas, products, businesses, peter jones, deborah meaden, dragons den worst pitches, dragons den funny, dragons den series 17, dragons den 2019, shark tank, shark tank 2019, new dragons den, new shark tank, tej lalvani, touker suleyman, John Boff, Bricklaying Tutorial, Dragons Den Full Episode, EcoSpot

Id: 8_TwyTHtzxA

Length: 14min 27sec (867 seconds)

Published: Mon Nov 11 2019